Shakeys To Build 10 Stores In UAE
Ringo | On 14, Jul 2017
Iconic Pizza parlor, Shakey’s will be building at least 10 stores in United Arab Emirates (UAE) in the next 5 years.
Shakey’s Pizza Regional Foods signed a development agreement with Dubai-based Aljeel Capital LLC for the venture.
“Dubai, UAE, and the rest of the Middle East are great markets for us. Not only are there strong and welcoming Filipino communities which love the Shakey’s brand and are excited about experiencing it away from home, but there are also tremendous growth opportunities within the mainstream markets there,” said Shakey’s President and CEO of Shakey’s Philippines Vic Gregorio said.
The first Shakey’s store will be built in Dubai during the first half of 2018.
Last December, Shakey’s signed an agreement to open at least 10 stores in Kuwait. The first one will open in the third quarter.
Shakey’s already has 189 stores in the Philippines as of March this year.